Murphy Named New President and CEO of Safety, Brussard to Retire and Remain Chairman
Boston-based Safety Insurance Group, Inc. announced that David F. Brussard, current president and chief executive officer of Safety Insurance will retire effective March 31, 2016. The Board of Directors appointed George M. Murphy, vice president of Marketing, as the new president and CEO, effective April 1, 2016. Brussard will remain as non-executive chairman of the Board of Directors of Safety Insurance Group, Inc.
Safety, which offers personal automobile insurance in Massachusetts, has grown to become a Northeast-based publicly traded property/casualty insurer with more than $1.2 billion dollars of assets and nearly $800 million in premiums.
Murphy began his career at Safety in 1989 and has held a variety of positions of increasing responsibilities in its marketing department, including, most recently, the vice president role as of October 1, 2005. The majority of his tenure has been focused on developing strong personal relationships with its network of independent agents. Over the past 10 years, he has led the initiative to increase Safety’s brand recognition as a leading property/casualty insurer in New England.
Source: Safety Insurance Group, Inc.